Microsoft takes legal action against infostealer Lumma

Summary

Microsoft has initiated legal action against the Lumma Stealer malware, blocking nearly 2,300 related websites following a federal court ruling in Georgia. The company's digital crimes unit collaborated with law enforcement to dismantle Lumma's infrastructure, while the US Department of Justice seized its central command. Lumma, sold on underground forums since 2022, allows cybercriminals to steal sensitive information, including passwords and crypto wallet details. Microsoft identified over 394,000 infected Windows computers between March and May 2023 and worked to sever communications with these devices. The rise of crypto drainers, which target crypto wallets, has been noted, with reports of significant losses due to malware distributed by legitimate companies. In 2024, nearly $51 billion in crypto was lost to fraud, with the FBI reporting $9.3 billion in losses among Americans, particularly affecting those over 60. North Korean hackers have stolen approximately $3 billion in cryptocurrencies from 2017 to 2023.

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